Office ID: #001045
Well-established freestanding daycare in North Dallas is now available for acquisition. This business was originally established by the current owner in 2018. This business is located in a 2,400 SF space of a freestanding building that is placed next to one of the busiest roads in this city and surrounded by strong residential areas. This business provides daycare and preschool services for children from 18 months to 12 years old. The total enrollment capacity of this daycare is 51, and currently, 22 children are enrolled. There are 2 direct competitors within the immediate market area, and one of them is a Montessori that has a higher price point, and the one is income-based childcare more focused on the low-income demographics. However, this daycare offers a high-quality personalized program tailored to small groups by well-trained teachers, while most daycare centers are play-based in a large group. In addition, this daycare center can minimize the risk to Covid-19 because it uses an online-based childcare management software/app that automates contactless sign-in and sign-out, all workflows and communication between teachers and parents, and more. The customers are mid to high-income working parents, and most of them are from the nearby densely populated residential neighborhoods. The gross sale average of this daycare has been steadily growing over the last 2 years even during the pandemic due to its exceptional service. Currently, there is minimal marketing in place through social media outlets and word of mouth, but proactive marketing is absolutely required for this business to grow in total sales and maximize profitability. Considering the demographics of this area, marketing towards working parents or student parents will be very effective in expanding the customer base. In addition, expanding the range of ages that can be enrolled will help to reach the maximum number of children capacity of this daycare which results in achieving maximum income potential for this business. This business has done very well with its groundworks, poised for next-level growth. A potential buyer should be able to realize the growth by getting more involved in the day-to-day business operation and conducting pro-active marketing.
This business is located in a 2,400 SF space of a freestanding building that is placed next to one of the busiest roads in the city and surrounded by densely populated residential areas.
This business has great potential because this daycare has yet to reach only 40-50% of the total children capacity, and if the new owner can reach the remaining 50% by utilizing proactive marketing, the sale will increase significantly.
Although there are several competitors within the immediate market area, this business is receiving a very good reputation from the community for its quality service at an affordable price point.
The owner doesn't want to operate the business as a business owner.
The owner will provide sufficient training for an agreed-upon period to make the transition into the business as seamless as possible. The owner is willing to stay as a director after the sale.